Deutsche Bank: No Risk of Takeover

Despite continued speculation, Deutsche Bank CEO Christian Sewing says his bank is not at risk of a takeover. Speculation about a possible merger has continued despite the bank’s dismissal in September of reports that it could consider tie-ups with Switzerland’s UBS or German peer Commerzbank.

“We are on track to make our first profit for three years. It is only a matter of time before this progress is reflected in the share price,” Sewing said. Source.